601658:SHA
Postal Savings Bank of CHINA Ord Shs A
CNÂ¥5.33
arrow_upward
+0.19%(+0.0100) 1D
Sep 24, 3:00:01 PM GMT+8 · CNY
search
All symbols
1D
5D
1M
6M
YTD
1Y
5Y
MAX
| Symbol | Price | Change | % Change |
|---|
insights_autoGenerating top insights for 601658...
Open
CNÂ¥5.32
High
CNÂ¥5.39
Low
CNÂ¥5.31
Mkt. cap
626.36B
Avg. vol.
176.20M
Volume
125.18M
P/E ratio
7.47
52-wk high
CNÂ¥6.17
52-wk low
CNÂ¥4.76
EPS
CNÂ¥0.71
No. of employees
179K
Open
CNÂ¥5.32
High
CNÂ¥5.39
Low
CNÂ¥5.31
Mkt. cap
626.36B
Avg. vol.
176.20M
Volume
125.18M
P/E ratio
7.47
52-wk high
CNÂ¥6.17
52-wk low
CNÂ¥4.76
EPS
CNÂ¥0.71
No. of employees
179K
News stories
From web sources and news partners
Yahoo Finance
·
3 hours ago
Postal Savings Bank Of China (SEHK:1658) Could Be 51% Below Fair Value On Mixed Signals
Profile
Postal Savings Bank of China Co., Ltd. also known as PSBC is a Chinese retail bank and financial services corporation headquartered in Beijing, China. PSBC provides basic financial services, especially to small and medium enterprises, rural and low income customers. As of 31 December 2017, PSBC has 39,798 branches covering all regions of China. PSBC was ranked #27 in Forbes Global 2000 in 2023.
PSBC was set up with an initial capital of RMB20 billion in 2007 from the State Post Bureau. Today it has RMB1.5 trillion in deposits and the second largest number of branches, after the Agricultural Bank of China.
During the 2008 financial crisis, the government took several measures to spread its national economic stimulus plan specifically to rural areas. This included using microfinance services provided by the Postal Savings Bank as a tool for national development and poverty reduction. The bank with its extremely broad reach also assists China's credit cooperatives in their microcredit schemes. Wikipedia
About Postal Savings Bank of CHINA Ord Shs A